United States law enforcement agencies analyzed Bitcoin transactions to locate and subsequently shut down a global child pornography site. United States law enforcement agencies analyzed Bitcoin (BTC) transactions to locate and subsequently shut down a global child pornography site. Per an Oct. 16 press release, the U.S. Department of Justice announced the shutdown of the […]
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Europol released its 2019 Internet Organized Crime Threat Assessment report, which shows that crypto-ransomware remains a top threat. The European Union Agency for Law Enforcement Cooperation (Europol) released its 2019 Internet Organized Crime Threat Assessment (IOCTA) report. Crypto exchanges continue to be a magnet for hackers On Oct. 9, Europol presented its IOCTA report of […]
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Hong Kong-based startup Diginex becomes the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm. Hong Kong-based digital financial services startup Diginex has become the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm. Over 100 members in 19 countries Diginex […]
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Libra’s launch is predicted for the second half of 2020, France wants to create a “EuroCoin” to rival Facebook, and Domino’s is giving away Bitcoin worth $110,000. Top Stories This Week Facebook’s crypto launching in H2 2020, says Libra Association chief The head of the not-for-profit driving Facebook’s Libra digital currency has said he is […]
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Five figures arrested over scheme police say was one of the most sophisticated ever seen in Europe. Portuguese police and Europol have seized funds worth €70,000 ($77,200) in what they describe as one of the most advanced counterfeiting operations ever seen. €1.3M fake notes sold since 2017 As Brazilian daily news outlet Sputnik and others […]
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The online drug trade is on the rise. Learn about Bitcoin’s involvement and whether it is able to completely replace cash in the drug trade in the near future. From speculation about its inherent value to theories about it being the payment method of choice for criminals, cryptocurrency is having a tough time keeping a […]
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Crypto mixing services are primarily used for privacy purposes rather than illicit activities, according to Chainalysis. Stolen funds represent only 8.1% of all funds sent to cryptocurrency mixers, according to New York-based blockchain analytics firm Chainalysis. Primary use for privacy reasons According to a recent Chainalysis webinar, the majority of funds sent to cryptocurrency mixing […]
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At least 4,836 BTC stolen from Binance in May 2019 was laundered through crypto tumbler Chipmixer. At least 4,836 Bitcoin (BTC) of stolen from Binance exchange in May 2019 was laundered through crypto mixing service Chipmixer. Attackers started laundering the stolen funds in a month after the hack Following a major Binance’s security breach that […]
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Authorities have arrested alleged Silk Road drug trafficker Hugh Brian Haney per an announcement from a New York district attorney. United States Attorney for the Southern District of New York Geoffrey S. Berman announced the arrest of alleged dark web drug dealer Hugh Brian Haney in a press release published on July 18. Per the […]
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Dutch ministers have called on the government to introduce new regulations on money laundering that would include cryptocurrency-related stipulations. Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1. The officials said that the government should ban cash payments over 3,000 euros, […]
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